Should I buy or sell Canfor stock right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canfor in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CFP shares. View CFP analyst ratings or view top-rated stocks .

What is Canfor's stock price target for 2024?

5 brokerages have issued 12-month price targets for Canfor's stock. Their CFP share price targets range from C$22.00 to C$27.00. On average, they anticipate the company's share price to reach C$23.00 in the next year. This suggests a possible upside of 59.9% from the stock's current price. View analysts price targets for CFP or view top-rated stocks among Wall Street analysts .

How have CFP shares performed in 2024?

Canfor's stock was trading at C$17.85 at the beginning of the year. Since then, CFP shares have decreased by 19.4% and is now trading at C$14.38. View the best growth stocks for 2024 here .

When is Canfor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our CFP earnings forecast .

How were Canfor's earnings last quarter?

Canfor Co. (TSE:CFP) posted its quarterly earnings data on Tuesday, March, 5th. The company reported ($1.06) EPS for the quarter, missing analysts' consensus estimates of ($0.94) by $0.12. The company earned $1.28 billion during the quarter. Canfor had a negative trailing twelve-month return on equity of 7.71% and a negative net margin of 6.01%.

What other stocks do shareholders of Canfor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Canfor investors own include West Fraser Timber Co. Ltd. (WFT.TO) (WFT) , Air Canada (AC) , Interfor (IFP) , Toronto-Dominion Bank (TD) , Canadian National Railway (CNR) , Dollarama (DOL) , Bank of America (BAC) , Kinaxis (KXS) , Magna International (MG) and TELUS (T) .

How do I buy shares of Canfor?

Shares of CFP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor , Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers. Compare Top Brokerages Here .

TSE:CFP

Canfor (CFP) Stock Price, News & Analysis

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Free CFP Stock Alerts

C$14.38

-0.15 (-1.03%)

(As of 01:15 PM ET)

Compare

Today's Range: C$14.37
▼
C$14.60
50-Day Range: C$14.53
▼
C$17.59
52-Week Range: C$13.41
▼
C$23.99

Volume: 153,670 shs
Average Volume: 184,536 shs
Market Capitalization: C$1.71 billion

P/E Ratio: N/A
Dividend Yield: 2.38%
Price Target: C$23.00

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

Get Canfor alerts:

Canfor MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.80 Rating Score
Upside/Downside: 59.9% Upside
C$23.00 Price Target
Short Interest: N/A
Dividend Strength: Weak
Based on Four Factors
Sustainability: N/A
News Sentiment: -0.33
Based on 6 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.65 out of 5 stars

3.4

Analyst's Opinion

Consensus Rating
Canfor has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Canfor has only been the subject of 3 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CFP.

0.8

Dividend Strength

Dividend Yield
Canfor pays a meaningful dividend of 2.38%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Canfor does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CFP.

1.5

News and Social Media Coverage

News Sentiment
Canfor has a news sentiment score of -0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.38 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Canfor this week, compared to 0 articles on an average week.
MarketBeat Follows
3 people have added Canfor to their MarketBeat watchlist in the last 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Canfor insiders have not sold or bought any company stock.
Percentage Held by Insiders
53.69% of the stock of Canfor is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 15.18% of the stock of Canfor is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Canfor is -5.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Canfor is -5.31, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Canfor has a P/B Ratio of 0.45. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About Canfor Stock (TSE:CFP)

Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells softwood lumber, remanufactured lumber products, engineered wood, and other lumber-related products, as well as wood chips and pellets; and generates green energy. It also offers dimension lumber products, such as spruce pine fir, southern yellow pine, Douglas fir larch, and Canfor red; specialty lumber products, including Balfour boards, WynnWood board, decking/fascia, lamstock, long lengths, shop/clear, and access mat lumber; and pulp and paper products comprising bleached and unbleached softwood kraft pulp, as well as bleached, colored, and unbleached kraft paper. The company was founded in 1938 and is headquartered in Vancouver, Canada.

CFP Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CFP Stock News Headlines

April 18, 2024 | americanbankingnews.com

Canfor (TSE:CFP) Price Target Lowered to C$22.00 at BMO Capital Markets

April 13, 2024 | americanbankingnews.com

CIBC Lowers Canfor (TSE:CFP) Price Target to C$22.00

April 18, 2024 | DTI (Ad)

This company has increased its dividend every year for 54 years

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April 10, 2024 | finance.yahoo.com

Canfor Announces Restructuring to Position Alabama Operations for the Future

April 8, 2024 | americanbankingnews.com

FY2024 EPS Estimates for Canfor Co. Lowered by Raymond James (TSE:CFP)

April 6, 2024 | finance.yahoo.com

Canfor Corporation (CFP.TO)

April 1, 2024 | theglobeandmail.com

Canfor: Top 25 Undervalued Toronto Stock Exchange Stocks (CFP)

March 27, 2024 | finance.yahoo.com

Investors in Canfor (TSE:CFP) from three years ago are still down 34%, even after 6.0% gain this past week

April 18, 2024 | Insiders Exposed (Ad)

This consistently signaled gains of 453%... 610%... and even 1036%...

March 6, 2024 | msn.com

Canfor Corp. reports $117-million loss in fourth quarter after ‘challenging’ 2023

March 6, 2024 | finance.yahoo.com

CANFOR ANNOUNCES 2023 AND FOURTH QUARTER OF 2023 RESULTS

February 2, 2024 | theglobeandmail.com

Besties Pets Co. Announces New Product Line Launch

January 7, 2024 | ftw.usatoday.com

Washington and Michigan governors make a friendly wager on the CFP title game

January 7, 2024 | sports.yahoo.com

CFP national championship betting: Bettors are flocking to the over ahead of No. 1 Michigan vs. No. 2 Washington

January 6, 2024 | forbes.com

No. 1 Michigan Is Favored, But CFP History Tilts Toward No. 2 Huskies

January 3, 2024 | forbes.com

Convert CFP Franc To Euro

December 23, 2023 | money.usnews.com

Should You Consult a CFP or CPA to Plan for Retirement?

December 20, 2023 | foxnews.com

Charles Barkley criticizes CFP officials' decision to leave out Florida State

December 7, 2023 | finance.yahoo.com

VIDA to invest in Bruza Sawmill in Hjältevad, Sweden

November 15, 2023 | usatoday.com

Why can't unbeaten James Madison appear in the CFP rankings? It's not an option for the Dukes

November 14, 2023 | finance.yahoo.com

Canfor Announces Extended Curtailment at Polar Sawmill

November 9, 2023 | morningstar.com

Canfor Corp CFP

October 24, 2023 | seekingalpha.com

CFP:CA Canfor Corporation

October 22, 2023 | theglobeandmail.com

Canfor: Top 10 Undervalued Forest Products Industry Stocks (CFP)

October 13, 2023 | msn.com

3 Oversold Stocks to Buy Before They Surge

October 5, 2023 | finance.yahoo.com

Canfor (TSE:CFP shareholders incur further losses as stock declines 6.6% this week, taking five-year losses to 25%

September 25, 2023 | forbes.com

Convert CFP Franc To United States Dollar

See More Headlines

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Company Calendar

Last Earnings: 3/05/2024
Today: 4/18/2024
Next Earnings (Confirmed): 5/02/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: TSE
Sector: Basic Materials
Industry: Lumber & Wood Production
Sub-Industry: N/A
Current Symbol: TSE:CFP
CUSIP: N/A
CIK: N/A
Web: www.canfor.com
Phone: +1-604-6615241
Fax: N/A
Employees: 7,580
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: C$23.00
High Stock Price Target: C$27.00
Low Stock Price Target: C$22.00
Potential Upside/Downside: +58.3%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.80
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): C($2.71)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 36.28
P/E Growth: N/A
Net Income: C$-326,100,000.00
Net Margins: -6.01%
Pretax Margin: N/A
Return on Equity: -7.71%
Return on Assets: -5.08%

Debt

Debt-to-Equity Ratio: 9.34
Current Ratio: 2.49
Quick Ratio: 2.14

Sales & Book Value

Annual Sales: C$5.43 billion
Price / Sales: 0.32
Cash Flow: C$8.10 per share
Price / Cash Flow: 1.79
Book Value: C$32.10 per share
Price / Book: 0.45

Miscellaneous

Outstanding Shares: 118,930,000
Free Float: N/A
Market Cap: C$1.73 billion
Optionable: Not Optionable
Beta: 2.16

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Key Executives

Mr. Donald B. Kayne (Age 66)
President, CEO & Director
Comp: $2.51M
Mr. Patrick A. J. Elliott
CFO & Senior VP of Sustainability
Mr. David M. Calabrigo (Age 65)
Senior VP of Corporate Development & Legal Affairs and Corporate Secretary
Comp: $1.54M
Mr. Kevin Pankratz
Senior Vice President of Sales & Marketing
Mr. Stephen MacKie
Executive Vice President of North American Operations
Mr. Daniel Barwin
Director of Corporate Finance
Jim Bogle
Vice President of Technology & Digital
Ms. Michelle Ward
Vice President of Corporate Communications
Ms. Katy Player
Senior Vice President of People
Ms. Susan L. Yurkovich B.A. (Age 58)
M.B.A., Senior Vice President of Global Business Development

Key Competitors

View All Competitors

CFP Stock Analysis - Frequently Asked Questions

Should I buy or sell Canfor stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Canfor in the last twelve months. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" CFP shares.
View CFP analyst ratings or view top-rated stocks.
What is Canfor's stock price target for 2024?: 5 brokerages have issued 12-month price targets for Canfor's stock. Their CFP share price targets range from C$22.00 to C$27.00. On average, they anticipate the company's share price to reach C$23.00 in the next year. This suggests a possible upside of 59.9% from the stock's current price.
View analysts price targets for CFP or view top-rated stocks among Wall Street analysts.
How have CFP shares performed in 2024?: Canfor's stock was trading at C$17.85 at the beginning of the year. Since then, CFP shares have decreased by 19.4% and is now trading at C$14.38.
View the best growth stocks for 2024 here.
When is Canfor's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our CFP earnings forecast.

How were Canfor's earnings last quarter?: Canfor Co. (TSE:CFP) posted its quarterly earnings data on Tuesday, March, 5th. The company reported ($1.06) EPS for the quarter, missing analysts' consensus estimates of ($0.94) by $0.12. The company earned $1.28 billion during the quarter. Canfor had a negative trailing twelve-month return on equity of 7.71% and a negative net margin of 6.01%.
What other stocks do shareholders of Canfor own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Canfor investors own include West Fraser Timber Co. Ltd. (WFT.TO) (WFT), Air Canada (AC), Interfor (IFP), Toronto-Dominion Bank (TD), Canadian National Railway (CNR), Dollarama (DOL), Bank of America (BAC), Kinaxis (KXS), Magna International (MG) and TELUS (T).
How do I buy shares of Canfor?: Shares of CFP stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:CFP) was last updated on 4/18/2024 by MarketBeat.com Staff

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Canfor (CFP) Stock Price, News & Analysis

Canfor MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Canfor Stock (TSE:CFP)

CFP Stock Price History

CFP Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

CFP Stock Analysis - Frequently Asked Questions

Overall MarketRank^™